Stripe Officially Launches in France and Opens Office in Paris

Stripe, a provider of payment processing tools for websites and mobile apps backed by Sequoia Capital, Andreessen Horowitz, Peter Thiel and Elon Musk, has made its services officially available to clients in France. The firm also announced that it has built a local team and now provides support for users in French from an office in Paris.

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The startup has been testing its capabilities in France for over a year and reports that it has already had thousands of French businesses start building on the Stripe platform. These include companies such as Withings and Dailymotion, SaaS platforms like Algolia and Dashlane, and online marketplaces like Drivy and KissKissBankBank.

Guillaume Princen, who is in charge of expanding Stripe's business to France, Spain, Portugal and Italy, commented: "Now that Stripe is publicly available in France, we’re looking forward to seeing all the new products and services that French entrepreneurs will develop with Stripe."

The timing of Stripe's expansion in France is also particularity interesting due to recent politics in the country. In May, French far right leader, Marine Le Pen, suggested that Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, and specifically Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, are being promoted by Wall Street banks (JP Morgan, Goldman Sachs ..) to create a cashless world devoid of personal freedom and privacy. She therefore called on cryptocurrencies to be banned in France in the name of economic patriotism.

In February of last year Stripe’s Bitcoin for Checkout feature came out of beta, allowing any merchant to accept the cryptocurrency at the checkout or via an API.